#ShareYourThoughtOnBTC

Bitcoin (BTC) is currently trading at around $108,836.15, with a 0.31% increase over the last 24 hours. The market capitalization stands at approximately $2.16 trillion, with a 24-hour trading volume of $54.32 billion. Here are some key statistics ¹:

- *Current Price*: $108,836.15

- *Market Capitalization*: $2.16 trillion

- *24-hour Trading Volume*: $54.32 billion

- *Circulating Supply*: 19.87 million BTC

- *Max Supply*: 21 million BTC

As for the market trend, Bitcoin has shown a bullish momentum, recently crossing $110,000 and showing strong investor confidence. Some analysts predict a continuation of the uptrend, while others see potential for correction due to bearish signals like the double top pattern and RSI divergence ².

*Recent Price Movement*:

- *1-day change*: 0.19% increase

- *1-week change*: 3.85% increase

- *1-month change*: 15.89% increase

- *1-year change*: 60.22% increase

*What to Watch For*:

- Resistance levels around $111,794.8 - $111,829.8

- Support zones between $103,764 and $104,633

- Potential for a double bottom breakout targeting $110,000

Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. It's essential to stay informed and consider multiple perspectives before making investment decisions.